5 months on rocket

725 Ocean Pkwy, Kensington Brooklyn, NY, 11230

$3,000,000

4 Bedrooms
3 Full Baths
Multi
Schools Nearby

Location

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Property Highlights

Home TypeMulti Family
ParkingPrivate, Detached, 1 Car Detached, Garage
Garage1 space
Year Built1925
HeatingNatural Gas, Steam
CoolingWall Unit(s)
BasementYes
MLS #3517894
Lot Size0.06 Acres
StatusActive
(A)

About 725 Ocean Pkwy

Exclusive development opportunity awaits on one of the most desirable stretches of Ocean Parkway. Currently, a 2 family home sits on the lot. Excellent R7A zoning allows for 11,280 buildable Sq. Ft, with 120 feet of frontage on Ocean Parkway and Parkville Ave. Just a few blocks from the F, and Q subway lines, makes the location easily accessible for commuters. Right next to Supermarkets, banks, restaurants, and houses of worship. The area's growing housing demand make this an ideal location for your next development project.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1925

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (888) 276-0630

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Private, Detached, 1 Car Detached, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam
  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,000,000
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

725 Ocean Pkwy vs New York

163 DAYS ON ROCKET

+67 Days

$3,000,000

+$2.1M More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3517894

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (888) 276-0630

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/4/2024, 11:56:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,061

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6282998
5
/10
  • Brooklyn Dreams Charter School

  • 259 Parkville Ave

  • 0.11 miles

  • Public Charter Grades KG-6

school-card-donut-6282999
10
/10
  • PS 134

  • 4001 18th Ave

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-6283000
6
/10
  • PS 217 Colonel David Marcus School

  • 1100 Newkirk Ave

  • 0.32 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,398. Residents of New York, NY typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

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Rocket Homes›New York›Kings County›New York›11230›725 Ocean Pkwy

This home is located at 725 Ocean Pkwy in Kensington Brooklyn, NY and zip code 11230 in the Kensington neighborhood. This home, which was built in 1925, sits on a 0.06 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 23, 2023 and is currently priced at $3,000,000.

Over 168 listings were sold over their listed price in April 2024 in New York, NY. In the same period over 748 listings were sold below the listed price and 758 listings were sold for the listed price. Between March 2024 and April 2024, New York, NY real estate market has seen increase in the number of listings by 3.8%. In April 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $849,191.

From Rocket Homes Real Estate and based on county public records data.

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